
PRINT THIS PAGE Nordic EQT to float Dometic in first Swedish IPO for 18 months19/11/2003. Source: AltAssets. 
Nordic buy-out firm EQT is to float Swedish domestic appliance manufacturer Dometic in Sweden’s first initial public offering in 18 months. The IPO is expected to raise in the region of E434m.
Dometic manufactures fridges and air conditioning units for boats and caravans. The company will offer 15.7m shares priced at SKr190 to SKr240 next month. This is the first flotation since heating equipment manufacturer Alfa Laval raised SKr5.6bn in May 2002.
Despite a poor few years for the Stockholm Stock Exchange, Reuters is reporting that Industri Kapital is also planning two flotations in the coming months. The firm is considering potential listings for cosmetics group Oriflame and sewing machine manufacturer VSM.
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